INC 500 Press Release
LCS Technologies Ranks No. 90 on the 2011 Inc. 500 list of
America’s Fastest-Growing Private Companies
2,800% growth over 3 years
SACRAMENTO, CA, August 23, 2011 — Inc. magazine today ranked LCS Technologies number 90 on its INC 500 list, an exclusive ranking of the nation’s fastest-growing private companies. The list represents a comprehensive look at the most important segment of the economy-America’s independent-minded entrepreneurs. LCS is a leading information services provider for Oracle software, service and training needs.
The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. LCS has doubled its revenue every year for the last three years, ending 2010 with revenues of $4.7 million. This impressive growth enabled LCS to rank number 5 in the Inc. 500 list of information technology services providers.
“To be recognized on a national level and included in the 2011 Inc. 500 is a testament to our philosophy of developing and connecting the best teams possible to guide customers toward the successful implementation of IT projects that solve real business problems,” said Stephane Come, CEO of LCS Technologies.
LCS has a simple philosophy: Help its customers by “Connecting the Dots.” This means seeking the best solutions and making the right connections by pinpointing the best resources: People, partners, hardware and software needed to solve business problems. LCS’ Connect the Dots approach enables the company to provide best-in-class solutions for its customers IT needs by leading with innovation, providing the highest quality customer care and helping customers maximize infrastructure and operational efficiency.
“We listen to our customers, make the right connections to address their needs, and create the solution to help them achieve successful and measurable business results,‚” said Steve Simonetto, COO of LCS Technologies.
The 2011 Inc. 500, unveiled in the September issue of Inc. (available on newsstands August 23 to November 15 and on Inc.com), is a group of companies that are smaller but much faster-growing than last year’s crop. Aggregate revenue is $10.5 billion, with a median three-year growth of 1,275 percent. The companies on this year’s list employ more than 46,000 people and generated over 35,000 jobs in the past three years. Complete results of the Inc. 500, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on inc.com/500.
About LCS Technologies
LCS Technologies of Sacramento, CA is a leading information services provider offering a single source for all your Oracle software, service and training needs. LCS has a simple philosophy: help our customers make the right connections to achieve successful and measurable business results. LCS leads with innovation to empower our customers to maximize their infrastructure and make their team more efficient and effective.
lcs-technologies-inc.com/.
About the Inc. 500
The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent-not subsidiaries or divisions of other companies-as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at inc.com/500.
Media Contact
Contact: Clare Price
New Business Strategists
clare@newbizstrategists.com
530-363-2043 (cell)
Read the article at the Sacramento Bee website by clicking here.
Leading With Innovation: Helping You Make the Right Connections
LCS has a simple philosophy: help our customers make the right connections to achieve successful and measurable business results. We call it “Connecting the Dots.” It means seeking the best solutions and making the right connections by pinpointing the best resources: people, partners, hardware and software needed to solve your business problem. Once we’ve identified the right “dots,” we seamlessly integrate all of these “dots” into the right business solution to address end user challenges and create stronger customer relationships.
Our Connect the Dots approach enables us to provide best in class solutions for your IT needs by leading with innovation, providing the highest quality customer care, and helping you to maximize your infrastructure and operational efficiency.
Seeing the Big Picture
By stepping back and looking at the big picture from the business perspective, LCS can identify the challenges and the problems that need to be solved even when the connections are not clear.
“The connections are always there. Even when it is not obvious what needs connecting or how it will connect,” explains Stéphane Côme, LCS CEO.
Once the dots and connect points are identified, LCS puts the right information services team in place to connect them.
Five Keys to Connecting the Dots
Our Connect the Dots approach is based on five principles:
- Be agnostic about the solution. Find the best in class “dots”: people, vendors, partners, hardware, software, delivery and pricing. At LCS, we start with questions, not answers: What is the problem? What results are expected? What is the optimal solution? Once we have the questions, we connect the appropriate dots to provide the best answers.
- Unchain the process. Too often, companies are constrained by following a process, this may be an old process developed many years ago when technology limitations dictated the process. When the objective is to create connections that are not obvious or that may not yet exist, process can be the problem rather than the solution. If you follow a process along a well-traveled path, you may miss opportunities because the process puts arbitrary constraints on how you view the problem and the potential remedies–essentially, stifling innovation.
- Remove constraints to see the opportunities. It’s difficult if not impossible to connect the dots if you have artificial constraints on what you think you can do or achieve. When these constraints are removed, thinking can be changed, innovation is unleashed and business results can be improved, often dramatically.
- Lead with Innovation. From solving a customer problem to finding the most efficient way to operate internally, LCS leads with innovation. The solutions often recommended by LCS are not just based on Best Practices, but are driven by experienced staff, prior successes and shared domain knowledge. The LCS team is always looking for new ways to maximize efficiency and reduce costs. For LCS, business as usual-isn’t.
- Make the connection for the customer even if there is no tangible reward for LCS. The key is creating the connection and making sure the connection is an advantage for the customer.
Call LCS (855-277-5527) today and let us know how we can help you make the right connections for your information technology challenge.
